Beleave Inc BLEVF

Beleave Inc is a vertically integrated Canadian cannabis company. It operates streamlined facilities throughout Canada to cultivate high quality cannabis flower, oil and extracts with funded capacity more than 150,000 kilograms per year. Fully licensed to cultivate and sell medical and recreational cannabis, it is leading the way through research partnerships with universities to bridge the gap between science and tradition and to develop pharma-grade extracts and derivatives. The company is currently developing new product lines as the recreational market is expected to allow for food and beverage-based cannabis products.

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Beleave Inc

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Comment by NEWBIEVESTORon Sep 20, 2018 10:55pm

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Post# 28661213

RE:RE:RE:RE:BE

linguinee wrote:

NEWBIEVESTOR wrote:

ShortReport wrote: Hamilton facility is 40% complete, stalled by hamitlon city council until further notice. (awaiting permit revisions)

How do you know it’s only 40% complete and stalled? Where is this info from?

Can't speak to the degree of completion but as for construction being on hiatus, it's stated in today's news release:

The facility’s 80,000 square foot expansion will proceed as planned once final permits are granted

in the August 7th monthly report it says they are expecting it to be at full production late Q2 2018. Going by BE’s financial quarters that’s the end of September. That’s under a 8 week time frame. Not knowing when it got put it on hold it’s likely we got another 2-3 weeks closer before being put on hold. So once permits are sorted it’s possible to be at full production in under 6 weeks. Unless they’ve been severely misleading investors.

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